AI Risk Oversight Assistant Manager

End Date Monday 16 November 2026 Salary Range £0 - £0 We support flexible working – click here for more information on flexible working options Flexible Working Options Hybrid Working, Job Share Job Description Summary .

An excellent opportunity for a highly motivated candidate to join the newly established AI Risk Oversight team within the Model Risk Office [MRO] at Lloyds Banking Group. This role offers an exciting opportunity to be part of a dynamic and constantly evolving AI team, providing considerable scope for personal and professional development. MRO will act as the front door for the business to advance their AI ambitions, requiring excellent collaboration with our CCOR teams (e.g., Data Risks, Cyber and Security, Supplier Management, Conduct).

About Lbg (Broadbean External)

Better Models, Better Decisions, Better Outcomes.

Why join us?

• We’re transforming at pace.
• Investing billions in our people, data and tech to change the way we meet the needs of our 28 million customers.
• We’re growing, and we’d love you to be part of the journey.
• What skills and experience can you bring to the role?
• We know that great talent comes from many backgrounds.

Ready to make an impact?

• Apply today!
• At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper.
• Across the Group, our colleagues are focused on making a difference to customers, businesses and communities.
• With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
• We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
• We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve.
• Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

Responsibilities

• You’ll assist in the execution of risk reviews, help develop assurance controls, and support cross-functional collaboration to strengthen AI governance frameworks, and also be responsible for: Supporting oversight reviews on AI systems, helping identify risks and evaluate control effectiveness across lifecycle stages.
• Assisting in monitoring AI system usage and flagging governance gaps or critical issues.
• Contributing to the documentation and communication of AI risk issues to internal stakeholders.
• Tracking AI-related regulatory updates and supporting impact assessments.
• Helping align AI oversight activities with model governance and technology risk processes.
• Good communication skills with the ability to engage cross-functional teams and summarise technical risk findings clearly.
• Familiarity with second-line risk functions or oversight roles supporting assurance, governance, or regulatory alignment.
• Exposure to AI tooling or monitoring platforms (e.g. Vertex AI, LLMOps, model tracing tools).

Preferred

• And any experience of these would be a plus: Familiarity with security risk concepts: data leakage, timely injection, adversarial threats.

Benefits

• And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.
• We also offer a wide-ranging benefits package, which includes: A generous pension contribution of up to 15% An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping 30 days’ holiday, with bank holidays on top A range of wellbeing initiatives and generous parental leave policies

Job Description Job Title

AI Risk Oversight Assistant Manager Salary: £57,150 - £85,725 Locations: Bristol, Halifax, Cardiff, Edinburgh, Leeds Hours: Full-time Working Pattern: Our work style is hybrid, which involves spending at least two days per week/ 40% of more of your time, at one of our office sites

Relevant experience in model risk, AI governance, compliance, or technology risk. A foundational understanding of AI/ML and GenAI risks across different lifecycle stages (e.g. data use, model outputs, integration, monitoring).

Exposure to risk or governance frameworks applied in AI or technology domains.

Knowledge of global AI regulations and compliance trends (e.g. EU AI Act, GDPR).

Exposure to ethical AI topics such as fairness, accountability, and IP risk.

Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply! This is a place for you We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.